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    Rupesh sold 153 chairs and had a gain equal to the selling price of 53 chairs. Find the profit percentage.
    Question

    Rupesh sold 153 chairs and had a gain equal to the selling price of 53 chairs. Find the profit percentage.

    A.

    53%

    B.

    63%

    C.

    58%

    D.

    48%

    Correct option is A

    Given:
    Number of chairs sold = 153
    Gain = SP of 53 chairs
    Formula Used:
    Profit %=ProfitCP×100\text{Profit \%} = \frac{\text{Profit}}{\text{CP}} \times 100​​
    Solution:
    Let SP of one chair = Rs. 1
    Total SP = 153
    Profit = 53
    CP = 153 − 53 = 100
    Profit % = (53 / 100) × 100
    Profit % = 53%

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